U.S. authorities have confiscated several cryptocurrency assets following a coordinated raid on BidenCash, a notorious dark web marketplace used to traffic stolen credit card data and personal information. The operation, announced on June 4, 2025, by the U.S. Attorney’s Office for the Eastern District of Virginia, marks another significant federal move to disrupt illicit online financial networks.
The crackdown resulted in the seizure of crypto funds tied to BidenCash, as well as the takedown of 145 domain names associated with the platform—spanning both darknet and traditional internet domains. While the exact value of confiscated crypto assets has not yet been disclosed, court filings confirm that authorities received legal approval to seize the digital wallets used for illegal transactions.
BidenCash was widely known for its role in enabling the trade of stolen credit card credentials, banking information, and related identity data. Its takedown underscores increasing concerns about darknet platforms using cryptocurrency to anonymize and facilitate cybercrime, creating substantial threats for crypto users and platforms alike.
This raid follows a recent surge in cybercriminal activity targeting mainstream crypto exchanges. In March 2025, actors on similar darknet marketplaces falsely claimed to have breached Binance, listing the personal data of over 132,000 users for sale. Binance swiftly denied the breach, with its internal security team finding no evidence that the leak came from its infrastructure.
A similar incident involved Gemini, where a dark web user claimed to have gained access to the exchange’s internal database, leaking what they alleged to be over 100,000 records. This included names, phone numbers, emails, and geolocation data, further emphasizing the need for advanced cybersecurity in the crypto sector.
With BidenCash domains now redirected to a law enforcement-controlled server, the U.S. has effectively halted one of the internet’s most prominent cybercrime hubs. For more updates on crypto-related law enforcement actions and cybersecurity threats, visit TheCoinInfo.
